Active Listings
52
⇩ 3.7% vs 54 last year
Oakhaven
Data as of July 2026. Source: Realtor.com.
The MEMPHIS, TN real estate market (38141) currently shows 52 active listings, with 19 pending sales. Homes are averaging 47 days on the market before going under contract.
Inventory has tightened compared to last year, with 2 fewer active listings — creating more competition among buyers.
Homes are taking longer to sell, averaging 47 days on market compared to 41 days last year.
The median listing price has fallen 11.4% year-over-year, from $219,950 to $194,900.
Whether you are buying or selling in MEMPHIS, TN, SELL123.com can help you save significantly on commission — typically 2% compared to traditional 5% broker fees. Call (240) SELL-123 for a free consultation.
Population: 23,123 · Density: 1,143.4/mi² · Median household income: $67,584
Typical home value: $135,087 · Homeownership: 68.2%
| Zip | City / State | Distance | Listings | Market Value | Median $ | Average $ |
|---|---|---|---|---|---|---|
| 38141 | Memphis, TN 38141 | 0.0 mi | 38 | $7,629,792 | $182,375 | $200,784 |
| 38125 | Memphis, TN 38125 | 3.8 mi | 64 | $29,145,728 | $330,225 | $455,402 |
| 38118 | Memphis, TN 38118 | 4.5 mi | 105 | $15,429,540 | $139,500 | $146,948 |
| 38654 | Olive Branch, MS 38654 | 5.8 mi | 330 | $142,347,480 | $399,975 | $431,356 |
| 38117 | Memphis, TN 38117 | 7.4 mi | 197 | $74,728,404 | $280,875 | $379,332 |
| 38672 | Southaven, MS 38672 | 7.6 mi | 102 | $40,251,648 | $385,500 | $394,624 |
| 38671 | Southaven, MS 38671 | 8.8 mi | 99 | $26,732,871 | $264,900 | $270,029 |
| 38114 | Memphis, TN 38114 | 9.3 mi | 110 | $16,903,700 | $114,950 | $153,670 |
| 38122 | Memphis, TN 38122 | 10.5 mi | 134 | $23,937,626 | $163,253 | $178,639 |
| 38112 | Memphis, TN 38112 | 11.4 mi | 78 | $21,691,098 | $242,475 | $278,091 |
| 38106 | Memphis, TN 38106 | 11.9 mi | 115 | $11,966,670 | $84,200 | $104,058 |
| 38637 | Horn Lake, MS 38637 | 11.9 mi | 54 | $14,868,684 | $227,000 | $275,346 |
| 38016 | Cordova, TN 38016 | 12.5 mi | 146 | $48,018,524 | $327,625 | $328,894 |
As of July 2026, there are 52 active listings in MEMPHIS, TN (zip code 38141), compared to 54 the prior year.
The median listing price in MEMPHIS, TN 38141 is $194,900 as of July 2026, a 11.4% decrease from $219,950 the prior year.
Homes in MEMPHIS, TN 38141 spend an average of 47 days on the market before going under contract, compared to 41 days the prior year.
Based on current inventory and days-on-market data as of July 2026, MEMPHIS, TN 38141 is currently a Balanced Market. Inventory has tightened compared to last year, with 2 fewer active listings — creating more competition among buyers. Homes are taking longer to sell, averaging 47 days on market compared to 41 days last year.
With SELL123.com's maximum 3% commission, sellers in MEMPHIS, TN 38141 save an estimated $3,898 compared to a typical 5% commission on the median listing price of $194,900. Our fee structure: 1% listing + 2% selling broker — no additional buyer or seller fees. Call (240) SELL-123 or email info@SELL123.com for a free consultation.